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Please verify your holdings in your CDP securities account before selling them online. You will need to ensure that securities are available for settlement on Trade Date + 2 business day. If securities are not available for settlement, CDP will conduct buying-in and impose charges and penalties. Visit SGX website for more details on buying-in process and the penalty fees.
For selling of HKD-RMB Dual Counter in Hong Kong Exchange:
Kindly contact your Trading Representatives if you wish to sell RMB counters for the list of dual counter as specific in Hong Kong Exchange. Click here for more details.
Foreign Shares
If your foreign shares are held with other stock broking houses, please arrange with your other broker to transfer the shares into your UOBKH account before you proceed to place any sale order.
If there is any adjustment to your stocks/shares as a result of any corporate action(s) such as bonus or rights issues, shares consolidation or splits, such information provided may not contain the most up to date information in relation to such adjustment(s). To find out more information on corporate action by companies listed on the various Exchanges, kindly refer to the respective Exchanges official website.
Note
- If you have sold the wrong securities or wrong quantity, kindly perform a buy to cover back immediately within the same trading day.
- If you do not cover back the short position on the same trading day or only realised your mistake on the next market day and do not have any securities for settlement on due date, such oversold position will be constituted as “Short Selling” and subject to buying-in and you will be responsible for any losses and fees incurred.